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Commercial Awareness Discussion
Goodbye, Fiat: Tesla’s Investment in Bitcoin
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<blockquote data-quote="Dheepa" data-source="post: 65034" data-attributes="member: 1572"><p>I think you might be right about other crypto-assets taking Bitcoin's place. We're already seeing the beginning of this with <a href="https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/" target="_blank">Mastercard's recent statement</a>. Basically despite investing in bringing crypto on it's network, they have pointed out that many of the currently available cryptocurrencies will not be supported because they don't meet requirements on privacy, anti-money laundering and most importantly stability. I raised this point in my initial post but there really is no way to adequately regulate crypto without sacrificing the decentralisation ideology to begin with.</p></blockquote><p></p>
[QUOTE="Dheepa, post: 65034, member: 1572"] I think you might be right about other crypto-assets taking Bitcoin's place. We're already seeing the beginning of this with [URL='https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/']Mastercard's recent statement[/URL]. Basically despite investing in bringing crypto on it's network, they have pointed out that many of the currently available cryptocurrencies will not be supported because they don't meet requirements on privacy, anti-money laundering and most importantly stability. I raised this point in my initial post but there really is no way to adequately regulate crypto without sacrificing the decentralisation ideology to begin with. [/QUOTE]
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Goodbye, Fiat: Tesla’s Investment in Bitcoin
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